News

A letter has been sent to Prime Minister Scott Morrison alleging a 1988 rape by a current cabinet minister.

Australia's share market had its heaviest percentage fall since early September after investors opted for rising yields in the bond market.

News has returned to Australian Facebook feeds with the social media behemoth dropping its ban after reaching a deal with the federal government.

Iluka catches global attention with rare earths plans

Australia's share market has closed higher, as commodity-based sectors thrived on investor belief that economic recovery is coming, helped by vaccines and US fiscal stimulus.

Australia Post has announced first half revenue of $4.3 billion, up 15.5 per cent year-on-year, and profit before tax of $166.6 million.

‘I accept 2021 is not my time’

Australia's share market has closed lower but investors may have had greater losses if not for the US Federal Reserve assuring current policy settings will continue.

Push for WA digital minister

Rising commodities prices proved a talking point for a second consecutive day, and helped the Australian share market close higher and the dollar remain above 79 US cents.

Mine cleared, but mind the bats

Australia's share market closed marginally lower while the Australian dollar reached its highest level in almost three years, spurred by metal prices.

Jab could end lockdowns

Australia's share market had its biggest fall in more than three weeks, set in train from the US where worries continued over a struggling economy and inflation expectations.

No likes for unsocial network

Australia's share market closed little changed, but could have been lower if not for giants CSL and Fortescue giving good earnings reports and steadying the indices.

Crown Resorts shareholders have had more bad news after the casino operator revealed a first-half loss of $120 million from coronavirus restrictions.

Ex-top judge in line to head inquiry

Australia's share market has closed lower, while two retail leaders warned pandemic sales may have peaked ahead of government assistance being wound back and travel restrictions easing.

I’m not one of Packer’s acolytes, says Poynton

Australia's share market closed above 6900 points for the first time since February last year, and an analyst expects it will rally in the short term as coronavirus vaccines are distributed.

Labor set for ‘total control’ of our State

Australia's share market regained its ascendancy as miners and banks rose, and several companies received boosts after reporting first-half earnings.

Rinehart in milestone as Forrest, Ellison row

A week of more confident earnings reporting on the Australian share market has ended on a low note, as Victorians prepare for a five-day coronavirus lockdown.

Traditional owners move into mining

Australia's share market closed little changed on a day when executives showed more confidence giving earnings guidance as they better understand COVID-19 trading.

Telstra executives continued to assure investors that the decade-long costs of customers migrating to the NBN are almost over, after the carrier's first-half profit slipped by 2.2 per cent.

Mineral Resources boss brands Fortescue an iron ore bully

Australia's share market has closed higher despite the Commonwealth Bank posting first-half earnings that show times remain difficult in the banking sector.

Commonwealth Bank chief Matt Comyn is not worried about a housing price bubble forming from low rates, saying buying is different to the previous boom.

Miners’ test of time